Search found 249 matches

by snailderby
Mon Oct 14, 2019 3:43 pm
Forum: Investing - Theory, News & General
Topic: All world index country weight allocations?
Replies: 5
Views: 470

Re: All world index country weight allocations?

For e.g the U.K has the 3rd highest weight but is the 7th largest market according to index mundi To clarify, what ranking are you looking at from IndexMundi? If it's https://www.indexmundi.com/facts/indicators/CM.MKT.LCAP.CD/rankings, I suspect that's because that ranking uses old data (2016 for m...
by snailderby
Wed Oct 09, 2019 4:53 pm
Forum: Personal Investments
Topic: Implementing Investment Strategy
Replies: 10
Views: 649

Re: Implementing Investment Strategy

Welcome to the forum! (1) I would second the advice to pick an asset allocation that you can stick with whether the market crashes or skyrockets tomorrow. You don't have to have the same asset allocation as other investors your age. (2) Many posters here recommend lump sum investing, but if it would...
by snailderby
Tue Oct 08, 2019 7:17 am
Forum: Personal Investments
Topic: VSGAX or VINIX - help me decide for 401k
Replies: 9
Views: 567

Re: VSGAX or VINIX - help me decide for 401k

Welcome to the forum! Not only is past performance no guarantee of future performance, some studies suggest that funds that have outperformed in the recent past may tend to have lower than average returns going forward. See https://alphaarchitect.com/2019/05/14/the-folly-of-hiring-winners-and-firing...
by snailderby
Sat Oct 05, 2019 8:40 pm
Forum: Personal Investments
Topic: Help with basic investing
Replies: 21
Views: 1951

Re: Help with basic investing

Welcome to the forum! The third and final piece would be investing in mutual funds. I am going the Vanguard route, but I know me and I won't stay committed to learning the art of investing. Is there an auto pilot option? Have you considered one of Vanguard's all-in-one funds? See https://investor.va...
by snailderby
Wed Oct 02, 2019 10:03 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value is now just anti-technology
Replies: 30
Views: 2684

Re: Small Cap Value is now just anti-technology

There is an ongoing debate over whether price/book is a good value metric: https://www.bogleheads.org/forum/viewtopic.php?t=68291 and https://www.bogleheads.org/forum/viewtopic.php?t=68291. However, many of the most popular small-cap value funds do not rely solely on price/book to measure value. For...
by snailderby
Wed Oct 02, 2019 9:56 am
Forum: Investing - Theory, News & General
Topic: Small Cap Value is now just anti-technology
Replies: 30
Views: 2684

Re: Small Cap Value is now just anti-technology

Vanguard small Cap Value (VBR) is 10.46% in tech Ishares S+P 600 value (IJS) is 13.72% tech That hardly seems anti technology It's a strong tilt away from tech compared to the S&P500, which is 26% tech. Tilting to small companies, in general, will reduce your tech exposure, even if you don't add a ...
by snailderby
Mon Sep 30, 2019 2:48 pm
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 118
Views: 10567

Re: Ex DFA CIO launches competitor which will also have ETFs

Inspired by jhfenton, I did the same thing for AVDV: JAPAN 28.00% UNITED KINGDOM 15.99% CANADA 9.57% AUSTRALIA 7.16% SWEDEN 5.57% GERMANY 5.22% SWITZERLAND 3.47% ITALY 3.26% FRANCE 2.97% NETHERLANDS 2.59% SPAIN 2.02% NORWAY 1.91% ISRAEL 1.68% SINGAPORE 1.67% DENMARK 1.65% HONG KONG 1.65% BELGIUM 1.3...
by snailderby
Fri Sep 27, 2019 9:32 am
Forum: Personal Investments
Topic: Advice for a teen
Replies: 16
Views: 963

Re: Advice for a teen

oh, she is in college and no, she won't make 12k in the next 3 or 4 years. She will also likely be selling/buying some additional shares in the course of the next 3 years upon receiving Christmas/Birthday gifts. She had her money in a CD till now, and just liquidated it to have more access to her f...
by snailderby
Fri Sep 27, 2019 9:11 am
Forum: Personal Investments
Topic: Portfolio Review & Questions
Replies: 15
Views: 1251

Re: Portfolio Review & Questions

1. Any compelling reason(s) to move his 401K to tIRA or rIRA? Having a large position in VTTVX limits ability to move funds if re-balancing was needed. I know the .06 ER is pretty good, but could we benefit by moving and get lower ER’s? Ideally, I would like to simplify to a US stock, an Intl stock...
by snailderby
Fri Sep 27, 2019 8:54 am
Forum: Personal Investments
Topic: Firstrade vs M1 Finance
Replies: 4
Views: 575

Re: Firstrade vs M1 Finance

M1 Finance is a good option for buy-and-hold investors. One advantage of M1 Finance over Firstrade is M1 Finance lets you buy fractional shares. So you could, for example, invest $100 every week and split that investment between four ETFs. I don't think Firstrade lets you buy fractional shares. So w...
by snailderby
Fri Sep 27, 2019 8:49 am
Forum: Personal Investments
Topic: Advice for a teen
Replies: 16
Views: 963

Re: Advice for a teen

If she plans to use this money in 3 years, she could always put it in a CD, a high-yield savings account, a money market account, or a target-maturity bond ETF like IBDN or IBHD (see https://www.ishares.com/us/strategies/b ... nd-ladders).
by snailderby
Fri Sep 27, 2019 7:30 am
Forum: Investing - Theory, News & General
Topic: Ex DFA CIO launches competitor which will also have ETFs
Replies: 118
Views: 10567

Re: Ex DFA CIO launches competitor which will also have ETFs

Unfortunately, still no competition for DGS. And fees of the international small value almost identical to that of the existing ISCF, SCID, SCIX, and others. What is a specific measure in which Avantis is better than those? DGS - Wisdom Tree Emerging Markets Small Cap Dividend Fund Expense Ratio 0....
by snailderby
Thu Sep 26, 2019 9:16 am
Forum: Personal Investments
Topic: is it time to move 2 funds
Replies: 4
Views: 559

Re: is it time to move 2 funds

Two things stand out. First, where are these funds? In a Roth IRA? In a taxable account? If you've been investing for 44 years, we could be looking at a significant tax bill if you sell a bunch of shares with significant capital gains in a taxable account. Second, $200,000 is a lot of money to keep ...
by snailderby
Thu Sep 26, 2019 8:46 am
Forum: Personal Investments
Topic: ROTH IRA - First Time Investor - Paul Merriman's Ultimate ALL VALUE Portfolio
Replies: 22
Views: 1308

Re: ROTH IRA - First Time Investor - Paul Merriman's Ultimate ALL VALUE Portfolio

Welcome to the forum! One compromise would be to put half of your stocks in VT (untilted) and the other half in SLYV/DLS/DGS. More fundamentally, though, how strongly do you believe in the value premium? Would you abandon a tilt toward value stocks "in the face of three, five, or even ten years of d...
by snailderby
Tue Sep 24, 2019 5:08 pm
Forum: Personal Investments
Topic: How many investments are enough?
Replies: 13
Views: 1122

Re: How many investments are enough?

Welcome to the forum! You can certainly ask your advisor about Morgan Stanley's fees. There's a good chance some fees are involved. See https://www.morganstanley.com/wealth-relationshipwithms/commissionsandfees. On which accounts to invest in first, see https://www.bogleheads.org/wiki/Prioritizing_i...
by snailderby
Mon Sep 23, 2019 6:15 am
Forum: Investing - Theory, News & General
Topic: Robinhood: 3 fund portfolio?
Replies: 42
Views: 3132

Re: Robinhood: 3 fund portfolio?

M1 Finance is almost purpose-built for three fund portfolios. You set your asset allocation at the beginning, and all new money automatically gets allocated to get you back to that allocation. Also it only takes one button for when you want to rebalance manually. +1 Love M1. Cant beat the simplicit...
by snailderby
Thu Aug 22, 2019 9:58 am
Forum: Investing - Theory, News & General
Topic: tax efficiency of funds vs ETFS - better to stay the course than chase a few bp
Replies: 4
Views: 402

Re: tax efficiency of funds vs ETFS - better to stay the course than chase a few bp

schooner recently attempted to quantify the difference in tax efficiency between SWTSX (Schwab Total Stock Market Index Fund) and an equivalent ETF. He estimated that using the ETF would allow you to defer about 12.5 basis points in capital gains taxes every year. 4) A person who had invested $10,00...
by snailderby
Mon Aug 19, 2019 11:17 am
Forum: Investing - Theory, News & General
Topic: Total market index fund and recency
Replies: 29
Views: 2048

Re: Total market index fund and recency

I tilt but understand why many don't. There has been a size premium and a value premium in the past. The research has been consistent on that. But will those premiums persist? Can you capture them in the real world using readily available index funds? And are you willing to wait 20 to 30 years for t...
by snailderby
Sat Aug 17, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: Aliens have captured my husband [wants to buy a Porsche]
Replies: 138
Views: 10683

Re: Aliens have captured my husband [wants to buy a Porsche]

• Are Porsches reliable? J.D. Powers gives the 2017 Panamera a 3.5/5 for reliability. That doesn’t exactly blow my doors off. • Will everything about it – right down to the windshield wiper fluid – be much more expensive just because it’s a Porsche? • Will we feel constrained in where we drive it? ...
by snailderby
Sat Aug 17, 2019 3:00 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Comparison Tool
Replies: 7
Views: 359

Re: Portfolio Comparison Tool

You have to create a free account and then you can setup AUM fee structures and apply them. For example here is difference in an 60/40 portfolio starting with $1.5mil and withdrawing $60k inflation adjusted annually. Scenario #1 = NO AUM; #2 = .03% AUM; #3 = 1.0% AUM. https://preview.tinyurl.com/y6...
by snailderby
Wed Aug 14, 2019 1:12 pm
Forum: Personal Investments
Topic: Composition of Total World Stock Index
Replies: 8
Views: 838

Re: Composition of Total World Stock Index

Figure 1 at https://www.vanguard.com/pdf/ISGGEB.pdf illustrates how the U.S.'s share of the global market cap has drifted over time.
by snailderby
Wed Aug 14, 2019 1:07 pm
Forum: Investing - Theory, News & General
Topic: Rent and invest the difference?
Replies: 15
Views: 961

Re: Rent and invest the difference?

There are so many variables that go into this. The NY Times has a helpful calculator: https://www.nytimes.com/interactive/201 ... lator.html. But you'll need to plug in accurate estimates for each variable.
by snailderby
Wed Aug 14, 2019 1:02 pm
Forum: Personal Consumer Issues
Topic: October in Minnesota
Replies: 37
Views: 2102

Re: October in Minnesota

+1 for the North Shore if you have time to go up north. There's also Stillwater or Taylor Falls / St. Croix on the Minnesota / Wisconsin border. Inside the Twin Cities, there are also many nice biking / skating trails. I've enjoyed skating the West River Parkway and the Midtown Greenway, just to nam...
by snailderby
Tue Aug 13, 2019 10:53 am
Forum: Personal Investments
Topic: Best Schwab or Fido Total US Stock Market Index options for Taxable Account
Replies: 5
Views: 841

Re: Best Schwab or Fido Total US Stock Market Index options for Taxable Account

In a taxable account, the most tax-efficient option would be ITOT (at Fidelity), SCHB (at Schwab), or VTI or VTSAX (at Vanguard). FSKAX, FZROX, and SWTSX would be fine in a tax-advantaged account, but they won't be as tax-efficient as ITOT, SCHB, VTI, or VTSAX in a taxable account. All of these fund...
by snailderby
Mon Aug 12, 2019 9:23 am
Forum: Personal Investments
Topic: Help in choosing my Bond Fund for my asset allocation.
Replies: 18
Views: 1610

Re: Help in choosing my Bond Fund for my asset allocation.

This is what my 401 K offers: JPMCB SmartRetirement DRE Income CF Asset Allocation Download N/A JPMCB SmartRetirement DRE 2020 CF Asset Allocation Download N/A JPMCB SmartRetirement DRE 2025 CF Asset Allocation Download N/A JPMCB SmartRetirement DRE 2030 CF Asset Allocation Download N/A JPMCB Smart...
by snailderby
Thu Aug 08, 2019 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash-back credit card right now?
Replies: 116
Views: 21486

Re: good cash reward credit card

OP, There's an 80-page thread on this topic that you might be interested in: https://www.bogleheads.org/forum/viewtopic.php?t=192008. You might also be interested in this thread if you're focused on cashback cards: https://www.bogleheads.org/forum/viewtopic.php?t=248838. Here are a few of my favorit...
by snailderby
Thu Aug 08, 2019 10:48 am
Forum: Investing - Theory, News & General
Topic: Trying to hit Robert T's factor targets in a three fund portfolio
Replies: 19
Views: 1684

Re: Trying to hit Robert T's factor targets in a three fund portfolio

I was just messing around to see if it was possible, and how much it would cost. Goals: 2 Equity Funds + Intermediate Treasuries Size .2, Value .4, Momentum neutral 50/50 US/International Challenges: Finding a "Value-y" International that includes EM. (I found Dodge and Cox International (DODFX) an...
by snailderby
Thu Aug 08, 2019 10:13 am
Forum: Investing - Theory, News & General
Topic: International value exposure
Replies: 5
Views: 783

Re: International value exposure

Thanks I've been following the port below taken from Bill Bernstein's Four Pillars book (pg 272) since I read it in 2002. I added int'l small and int'l small value after reading his Rational Expectations book (2014) US LC 10% US LV 10% US SCV 11% REIT 5% TOTAL INT'L 5% EMER MKT 4% INT'L LV 8% INT'L...
by snailderby
Wed Aug 07, 2019 4:22 pm
Forum: Personal Investments
Topic: Portfolio Review, 5 year plan.
Replies: 27
Views: 1979

Re: Portfolio Review, 5 year plan.

Debt: 18k Car loan at 6.5 % interest Primary House mortgage 192K @ 4.125% on 20 year Duplex Rental mortgage 112k @ 3.375% on 15 year Paid off school loan this year (YAY!) . . . . . 1. Now that I've finally paid off my school loan I'd like to remodel the house and build a garage. My first 5 years of...
by snailderby
Wed Aug 07, 2019 12:14 pm
Forum: Personal Investments
Topic: 60 yo needs help with jumbled portfolio.
Replies: 13
Views: 1539

Re: 60 yo needs help with jumbled portfolio.

How about the Vanguard Total Bond Market Index Fund (VBTLX) + the Vanguard Equity Income Fund (VEIPX/VEIRX)? If your relative holds all of her investments in tax-advantaged accounts, and (for better or worse) "she is focused entirely on income and dividends," maybe VEIPX/VEIRX would fit her needs? T...
by snailderby
Wed Aug 07, 2019 11:24 am
Forum: Personal Investments
Topic: Muscular Portfolios Questions
Replies: 20
Views: 4542

Re: Muscular Portfolios Questions

It's very catchy. Great marketing. "Muscular Portfolio". Who wouldn't want to be muscular? Mama Bear, Papa Bear. Reminds of the "Rich Man Poor Man series by Kiyosaki. Great story. Lot's of followers. For myself: too complex, too many moving parts. Simple is better. j Haha. I prefer "Frail, Feeble, ...
by snailderby
Wed Aug 07, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: when blood in the market...
Replies: 15
Views: 2197

Re: when blood in the market...

Here are 10 investment principles from the wiki (https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy): 1 Develop a workable plan 2 Invest early and often 3 Never bear too much or too little risk 4 Diversify 5 Never try to time the market 6 Use index funds when possible 7 Keep cost...
by snailderby
Wed Aug 07, 2019 9:12 am
Forum: Personal Investments
Topic: Target date fund vs. index funds (no tickers)
Replies: 12
Views: 814

Re: Target date fund vs. index funds (no tickers)

I guess I am a bit of a perfectionist so I wanted to get as close to Total Stock Market as possible. Assuming I want a 70/30 US/International stock allocation, and 10% bonds, you think a 63%/27%/10% of S&P/International/Bond is reasonable? And leave the Russell completely out of it? That split soun...
by snailderby
Wed Aug 07, 2019 8:57 am
Forum: Personal Investments
Topic: Vanguard U.S. Minimum Volatility VFMV
Replies: 3
Views: 350

Re: Vanguard U.S. Minimum Volatility VFMV

Good morning, Bogleheads! What are your thoughts on Vanguard U.S. Minimum Volatility (VFMV) as a relative safe haven between a high-yield savings account and a total market fund? I am sitting on about $150k currently in an e-trade savings account making about 2%. I am 43 yo, in a 37% tax bracket. T...
by snailderby
Wed Aug 07, 2019 8:54 am
Forum: Investing - Theory, News & General
Topic: Need help understanding Dividend and Capital Gains
Replies: 13
Views: 794

Re: Need help understanding Dividend and Capital Gains

I believe dividend yield is defined as (the annual dividend for a certain stock) ÷ (the stock's current price). See https://www.investopedia.com/terms/d/dividendyield.asp and https://www.fool.com/knowledge-center/d ... yield.aspx.
by snailderby
Tue Aug 06, 2019 11:40 am
Forum: Investing - Theory, News & General
Topic: International value exposure
Replies: 5
Views: 783

Re: International value exposure

For years I've been in Vanguard International Value (VTRIX). I just noticed that iShares came out with an int'l value ETF (IVLU) that has a higher value loading and cost less. Here's a factor regression that I barely understand. https://tinyurl.com/y5rwz54u My first take is that I should switch for...
by snailderby
Mon Aug 05, 2019 12:07 pm
Forum: Personal Investments
Topic: Fidelity International Index Fund Choice
Replies: 4
Views: 618

Re: Fidelity International Index Fund Choice

1. Historically, developed markets have been less volatile than emerging markets. But emerging markets have returned more over the same time frame. See https://www.msci.com/documents/10199/1493b63f-1ce8-418e-a82d-4aae72951f27. Historically, too, the correlation between emerging markets and U.S. stoc...
by snailderby
Mon Aug 05, 2019 11:28 am
Forum: Personal Investments
Topic: Help in choosing my Bond Fund for my asset allocation.
Replies: 18
Views: 1610

Re: Help in choosing my Bond Fund for my asset allocation.

Given that the DFA fund is a foreign bond fund, I'd probably choose the American Century fund in this case if this is going to be your only bond holding. +1. How do you feel about international bonds? If you believe in owning both international and domestic bonds, I would use both funds. If not, I ...
by snailderby
Mon Aug 05, 2019 11:12 am
Forum: Personal Investments
Topic: (26yo) I don't know my desired AA -- in part because I went all-in on a Roth emergency fund!
Replies: 11
Views: 1566

Re: (26yo) I don't know my desired AA -- in part because I went all-in on a Roth emergency fund!

Welcome to the forum! a. Assuming that you have a separate emergency fund that can cover 3-12 months of expenses, anything from 100/0 to 60/40 at your age seems reasonable to me. This is your call. Can you stomach a 20% drop in your portfolio's value in one year? How about a 40% drop? See https://in...
by snailderby
Wed Jul 31, 2019 11:10 am
Forum: Personal Investments
Topic: How to find Individual stocks in Vanguard Index Fund
Replies: 15
Views: 1127

Re: How to find Individual stocks in Vanguard Index Fund

https://advisors.vanguard.com/VGApp/iip/site/advisor/analysistools/holdingssearch Or if that link doesn't work, search "holdings search." +1. I didn't know about this tool before. Thanks, Kensington! OP, it looks like AT&T makes up 0.83% of VTSMX, which, in turn, makes up 54% of VTIVX. So if my mat...
by snailderby
Wed Jul 31, 2019 10:38 am
Forum: Investing - Theory, News & General
Topic: Portfolio Visualizer data correct? FNDC, SCZ, VSS
Replies: 8
Views: 779

Re: Portfolio Visualizer data correct? FNDC, SCZ, VSS

Ohh.. I see. I was looking at CAGR, that was quite similar for the past 5 years. But Historical frontier shows arithmetic average, not geometrical. SCZ had a larger volatility and a larger return, so at the end the CAGR was quite similar Morningstar compares the performance of both to "MSCI World E...
by snailderby
Sat Jul 27, 2019 6:09 pm
Forum: Personal Investments
Topic: Vanguard Info Tech VITAX
Replies: 10
Views: 721

Re: Vanguard Info Tech VITAX

Why VITAX (Vanguard Information Technology Index Fund) instead of VTSAX (Vanguard Total Stock Market Index Fund)? VTSAX already includes info tech stocks. VTSAX has a lower expense ratio. VTSAX is more diversified, so you wouldn't be putting all of your eggs into one basket. And historically, a tota...
by snailderby
Fri Jul 26, 2019 2:59 pm
Forum: Investing - Theory, News & General
Topic: Portfolio Visualizer data correct? FNDC, SCZ, VSS
Replies: 8
Views: 779

Re: Portfolio Visualizer data correct? FNDC, SCZ, VSS

Hi, FNDC, SCZ follow the same index and they are quite close https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2014&firstMonth=1&endYear=2019&lastMonth=12&calendarAligned=true&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPerce...
by snailderby
Thu Jul 25, 2019 3:39 pm
Forum: Personal Investments
Topic: Charles Schwab vs. J.P. Morgan. Which one to invest?
Replies: 22
Views: 2843

Re: Charles Schwab vs. J.P. Morgan. Which one to invest?

One thing I liked about Schwab and You Invest is that they ask detailed questions about your risk level tolerance and how you would manage your investments and they set up a fund according to your preferences. So how does it work with Vanguard? Do they work similarly? Because I am virtually clueles...
by snailderby
Thu Jul 25, 2019 11:36 am
Forum: Personal Investments
Topic: Charles Schwab vs. J.P. Morgan. Which one to invest?
Replies: 22
Views: 2843

Re: Charles Schwab vs. J.P. Morgan. Which one to invest?

And profit-wise how does that compare to Schwab and YI portfolio? I see other posters here also recommended Vanguard single fund over the more complicated Schwab funds due to its simplicity. I don't really know what that means, but I don't really care about how nice it looks on paper, the question ...
by snailderby
Wed Jul 24, 2019 10:30 am
Forum: Personal Investments
Topic: Charles Schwab vs. J.P. Morgan. Which one to invest?
Replies: 22
Views: 2843

Re: Charles Schwab vs. J.P. Morgan. Which one to invest?

Welcome to the forum! J.P. Morgan's You Invest charges a 0.35% annual fee to essentially construct a more complicated, more expensive version of the three-fund portfolio (see https://www.bogleheads.org/forum/viewtopic.php?t=88005) for you. Schwab's Intelligent Portfolios are also more complicated th...
by snailderby
Wed Jul 24, 2019 10:06 am
Forum: Personal Investments
Topic: 24 y/o maintain or switch 403b investments
Replies: 5
Views: 388

Re: 24 y/o maintain or switch 403b investments

Welcome to the forum! A. Do you want to own the whole U.S. stock market or "tilt to" (i.e., overweight) a specific section of the market? If you simply want to own the whole market, the best way to approximate that would be to use the funds bolded below. FID 500 INDEX (FXAIX) VANG GRTH INDEX INST (V...
by snailderby
Tue Jul 23, 2019 2:54 pm
Forum: Investing - Theory, News & General
Topic: ETF "Tax Efficiency" Quantified
Replies: 57
Views: 3219

Re: ETF "Tax Efficiency" Quantified

Thanks for running these calculations, OP! I use ETFs and like them. But it's nice to see some attempt to quantify the difference in tax efficiency.
by snailderby
Fri Jul 12, 2019 1:17 pm
Forum: Personal Investments
Topic: Which Portfolio is best for me? Core 4 vs 3 Fund vs Swensen?
Replies: 14
Views: 1106

Re: Which Portfolio is best for me? Core 4 vs 3 Fund vs Swensen?

3 Fund Portfolio (Total Stock/Total Bond/Intl) Core 4 (Total Stock/Total Bond/INTL/REITS) Swensen (Total Stock/ Total Bond /INTL/REITS/ EMERGING ) Welcome to the forum, DJAlcatraz! 1. This is slightly off-topic, but what is the Swensen portfolio in your opinion? This has been an area of confusion f...